Marble Handicrafts Gst Rate

However with the modi government now deciding to impose 12 per cent goods and services tax gst on agra s marble handicrafts the industry is worried that it will adversely affect its growth.

Marble handicrafts gst rate.

Gst is perhaps the biggest tax related reform in india since independence bringing uniformity in the taxation structure and eliminating the cascading of taxes that was levied in the past the gst council meets from time to time to revise the gst rates for various products. 21 2018 central tax rate dated. 26 th july 2018 with effect from 27th of july 2018 to give effect to recommendations of 28th gst council meeting which was held on 21 07 2018. Call 08048719069 45 response rate.

The exponents fear that levying gst on marble handicrafts may result in decline in this business. The issue was taken up at the gst council after the gram seva sangha which is. Jagdamba marble handicrafts is one of the most renowned manufacturers exporters and suppliers of a supreme quality range of stone handicrafts accessories since our inception in the year 1988 in our range we offer decorative eggs soapstone pill boxes marble inlay boxes carved stone vase sculptures vastu education towers and soapstone tea coasters. Manufacturer of marble god statue marble handicrafts items radha krishna marble statue offered by moorti mahal from jaipur rajasthan india.

Several states and industries recommend reduction in gst tax rate for various items which are discussed in these meetings. India exports about rs 4 000 crore of handicrafts every year including handmade carpets. Contact number call response rate. Get in touch with us for best deals.

Building stone material like marble granite sand stone falls under the chapter 68 of hsn code. We are the leading manufacturer of marble handicrafts in jaipur. Export promotion council for handicrafts export of handicrafts on 167 hs codes with gst rate sl. The minister also said the provision of carrying e way bill when moving goods between states would be implemented from.

Under gst tax rates vary between 0 5 12 18 and 28. Government of india ministry of finance department of revenue new delhi. The government of india announced flat 18 gst rate on polished marble and granite slab o tiles today. Gst rates on marble and granite.

Itc hs code description hs codes as in gst schedule description rates after 28th gst council meeting 1 33019031 attars of all kinds in fixed oil base 3301 esnl ols cncrts abslts rsnds extrtd. Cbic notifies concessional cgst rate on specified handicraft items vide notification no. The revised gst rates will be applicable from january 25. On thursday the goods and services tax gst council decided to bring 29 handicraft products under the 0 tax rate.

Marble inlay table tops.